A sizeable coastal landholding at the southern end of Waiwera Beach is being presented to the market for expressions of interest, offering developers the opportunity to execute their vision on a prime site that is well positioned to accommodate a major development.
Located at 37 Waiwera Place, the 17,781sq m property is the former campground site that was popular with locals and visitors for many decades. It was also the location of the first commercial geothermal baths in New Zealand, constructed in the 1870s, which put Waiwera on the map for its therapeutic thermal waters.
Offering approximately 1ha of flat, usable, waterfront land sheltered by a bush-covered hillside, this site presents its own unique identity within the broader development potential of the bay.
Buyers are advised to take advantage of over 150m of direct beach frontage, with an aspect and development controls which will enable a share of the spectacular sea views for all.
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Recommissioning the on-site bore will provide access to geothermal waters offering opportunities for wellness, sustainability, and premium amenities, such as private hot tubs and pools, adding value to any future development.
The site is zoned Residential Mixed Housing Suburban Zone, under Waiwera Sub Precinct C in the Auckland Unitary Plan, offering a desirable residential outcome. The Sub Precinct rules grant additional height over part of the site (Precinct Plan 2), allowing up to 12.5m of built form at the rear of the site.
Sitting at the mouth of the Waiwera River, Waiwera is 43km north of Auckland and 5km from the substantial seaside town of Ōrewa that has a population of 10,500 people.
Waiwera benefits further by being the northernmost stop on the Auckland Transport bus route from Auckland's CBD.
Colliers Directors Josh Coburn and Blair Peterken have been exclusively appointed to market the site for sale and are taking expressions of interest closing at 4pm on Thursday 20 March, unless sold prior.
Coburn, Director of Capital Markets and Site Sales at Colliers, says the site is a premium offering that benefits from amazing views and is development-ready through an existing agreement with Watercare for wastewater connections.
"The agreement with Watercare guarantees wastewater capacity for developments of scale on the campground site. This represents a significant opportunity for buyers, potentially putting the site years ahead of competing stock," Coburn says.
"Having this in place will mean a developer can move with pace and confidence to take advantage of one of the most compelling development sites that will be presented to the open market this year."
The Waiwera township is bordered on the east by the beach and bay, the river to the north, and the bush-clad hill of the scenic reserve to the south. Convenient access from Auckland to the south and Warkworth to the north is provided via the State Highway 1 motorway and the Hibiscus Coast Highway.
Peterken, Director of Capital Markets at Colliers, says given Auckland CBD can be reached in less than an hour, Waiwera shapes as a highly desirable location.
"With continued development further north in Warkworth, Mangawhai, and the coastal retreat of Ōmaha, Waiwera's proximity to Auckland serves as a major selling point," Peterken says.
"Waiwera benefits from the existing infrastructure nearby in Ōrewa, while retaining the seclusion and privacy that makes it such an appealing holiday destination. The regionally unique geothermal water access also gives the site a distinctive twist.
"This is a landholding that sits in a league of its own when it comes to potential."
- Supplied by Colliers
